Latest news with #Transatlantic
New York Post
21 hours ago
- Business
- New York Post
Pan Am returns to the skies with special 12-day transatlantic journey: ‘Opportunity to relive aGolden Age of Travel'
A trip honoring the legacy of Pan American World Airways is underway after a chartered jet bearing the historic airline's branding took to the skies earlier in the week. The plane left John F. Kennedy International Airport in New York on Tuesday, kicking off a 12-day trip that came with a roughly $60,000 price tag for its passengers, CBS New York reported. Advertisement The trip, described as 'a Pan Am journey by private air,' comes as part of a collaboration between Criterion Travel and Bartelings with licensing from Pan American World Airways. The operators want to give passengers the 'opportunity to relive a 'Golden Age of Travel' on a specially curated program' with the Pan Am trip, according to a brochure on Criterion Travel's website. The itinerary for the round-trip journey features stops in locales that were on Pan Am's Southern and Northern transatlantic routes, including Bermuda, Lisbon, Portugal, Marseille, France, London, England and Shannon, Ireland. The brochure for the 'Tracing the Transatlantic' trip touts 'high-end service, stays at top hotels, fascinating destinations, reminiscences of Pan Am's glory days, and iconic Pan Am design, logos, and identity popping up throughout.' Advertisement 3 CBS New York reported that a Pan American World Airways flight took off from John F. Kennedy International Airport on Tuesday in what is the start of a 12-day trip costing about $60,000 per passenger. HUM Images/Universal Images Group via Getty Images 3 The trip is part of a collaboration between Criterion Travel and Bartelings, with licensing from Pan American World Airways. AFP via Getty Images 3 Stops along the way include Bermuda, Lisbon, Portugal, Marseille, France, London, England, and Shannon, Ireland. dpa/picture alliance via Getty Images The trip is using a Boeing 757-200 jet with lie-flat business-class seats. Advertisement 'Every detail, from the flight deck, to the cabin, has been designed with care–honoring the golden age of travel while reimagining it for today's world,' Pan Am Brands said in a Facebook post. Flight attendants working on the trip will don uniforms that recreate the ones worn by Pan Am staff when the airline was still operating, CBS New York reported. 'It's such an honor and a privilege to be stepping into this uniform,' one flight attendant named Anna Maria Aevarsdottir told the outlet. Advertisement 'We hope we can embrace the grace that they showed America.' The transatlantic trip was first announced in the summer of last year.
Kuwait Times
a day ago
- Business
- Kuwait Times
Transatlantic airfares slump as West Europeans skip US travel
Summer airfares from Europe to US drop to pre-pandemic levels NEW YORK: Airfares from Europe to the United States have dropped to rates not seen since before the pandemic, as travelers from Western Europe lead a pullback in travel to the US that is expected to continue through at least July. Overseas arrivals to the United States fell 2.8 percent in May from a year ago, according to preliminary data from the US National Travel and Tourism Office within the US Department of Commerce. Travel from Western Europe fell 4.4 percent in May although travel from Eastern Europe rose 4.6 percent in the same period. Forward bookings suggest sustained declines are on the horizon, with total inbound bookings to the US in July down 13 percent year-over-year, according to OAG Aviation, an analytics firm. Transatlantic airfare has been declining since the first quarter when Europeans started reconsidering travel to the US after President Donald Trump suggested annexing Greenland, launched a global trade war, and issued orders that focus on stricter border policy. A stronger dollar has also deterred some trips. In March, travel from Western Europe fell 17 percent year-over-year, according to the NTTO. Average round-trip economy airfares for over 50 routes from the US to Europe in the first quarter were down an average of 7 percent year-over-year, with rates to fly between Atlanta, Georgia, and London, down 55 percent, according to data from Cirium, an aviation analytics firm. As American consumers have been bargain-hunting and waiting closer to their departure dates to finalize travel plans, the decline in demand from Europe is another factor contributing to cheaper travel. 'Fewer seats filled by European travelers to the US, and a slower pace of growth in US outbound to Europe than last year, will tend to cast 2025 as a tougher year to make money on transatlantic routes,' said Aran Ryan, director of industry studies at Tourism Economics, a subsidiary of Oxford Economics. This summer, the price of round-trip tickets from the US to Europe is down 10 percent compared with a year ago, travel booking app Hopper said. Average fares of $817 per ticket are in line with prices to Europe in the summer of 2019 before the pandemic. Major carriers, including Air France KLM and Germany-based Lufthansa, expect slowing activity. Lufthansa CEO Carsten Spohr said the company expects weaker demand in the third quarter, while Air France KLM CEO Ben Smith said the company is seeing a 'slight pullback' in transatlantic traffic and will slash prices to keep cabins on its transatlantic flights full. Airlines including Lufthansa and US air carrier United Airlines say higher demand from US travelers flying to Europe is offsetting the decline of Europeans flying the opposite direction. United said international bookings from Europe fell 6 percent in the first quarter, but added that US-originating demand made up for the pullback. Rival Delta Air Lines said 80 percent of its long-haul international demand originates from the US, and fares in the region are 'significantly higher' than in the rest of the world. Lufthansa said it plans to market its transatlantic flights to more Americans given the higher demand, despite travel from Western Europe showing moments of recovery. Travel from the region to the US increased 12.1 percent in April before falling again in May, according to data from the NTTO. As of mid-May, there are 4.3 percent more international flights scheduled to depart from US airports for international destinations this summer, said Hopper. 'We feel really good about the transatlantic market,' American Airlines CFO Devon May said at a Wolfe Research transportation and industrials conference in May. — Reuters
Irish Examiner
2 days ago
- Business
- Irish Examiner
EU accuses China's AliExpress of ‘systemic failure' over illegal goods
The European Commission has accused the online retailer AliExpress of a 'systemic failure' to prevent the sale of illegal and dangerous goods on its platform, as Brussels steps up its case against the Chinese company. Issuing formal findings of an investigation launched in March last year, EU regulators said on Wednesday that AliExpress was failing to do enough to prevent the sale of counterfeit clothes and dangerous children's toys, among other items. The company, which claims 104 million monthly users in the EU, did not devote enough resources to content moderation to take down illegal goods on sale on its platform, regulators said. An EU official said the company – which is owned by Alibaba, the Chinese e-commerce group founded by the Chinese billionaire Jack Ma – had 'underestimated the general risk of the sale of illegal products'. The official added: 'General measures they have in place to avoid the dissemination of illegal products do not work properly – it shows a systemic failure.' The European Commission said these were preliminary findings, pending further investigation and responses from AliExpress. If EU officials uphold the verdict, the company can in theory be fined up to 6% of global turnover under the EU's Digital Services Act (DSA). 'Hidden links' AliExpress has, however, persuaded EU regulators to close aspects of their investigation, by pledging to take action to tackle 'hidden links' that take users to an illegal product via a legitimate one. The online marketplace promised to develop a system to monitor and detect hidden links to illegal products, such as food supplements and medicines, which have been offered for sale via legitimate items. Such hidden links were also said to have taken children to pornographic material. AliExpress also promised greater transparency over its advertising systems and availability of its data to researchers, which Brussels said addressed concerns in these areas. The European Commission described the commitments as 'legally binding' and said AliExpress could face fines if it failed to follow through. The investigation comes under the DSA, which is intended to protect people from online harms such as disinformation, illegal content and dangerous products. The act imposes the strictest requirements on the largest companies with more than 45 million users, including Amazon, Google, Meta and X. AliExpress response AliExpress said it had 'proactively engaged and closely collaborated with the European Commission throughout this process' and would continue to do so. 'The commission has recognised our committed approach to ensure a high level of consumer protection and transparency through the breadth and depth of these voluntary commitments offered and agreed,' it said. 'We are confident that a positive and compliant result will be achieved through continuing our mutual dialogue with the commission to address any remaining concerns on the DSA.' The Guardian Read More Transatlantic airfares slump as Western Europeans skip US travel
Straits Times
2 days ago
- Business
- Straits Times
Transatlantic airfares fall as Western Europeans skip travel to US
This summer, price of round-trip tickets from US to Europe are down 10 per cent year on year. PHOTO: AFP - Airfares from Europe to the United States have dropped to rates not seen since before the Covid-19 pandemic, as travellers from Western Europe lead a pullback in travel to the US that is expected to continue through at least July. Overseas arrivals to the US fell 2.8 per cent in May from a year ago, according to preliminary data from the US National Travel and Tourism Office (NTTO) within the US Department of Commerce. Travel from Western Europe fell 4.4 per cent in May, although travel from Eastern Europe rose 4.6 per cent in the same period. Forward bookings suggest sustained declines are on the horizon, with total inbound bookings to the US in July down 13 per cent year on year, according to OAG Aviation, an analytics firm. Transatlantic airfare has been declining since the first quarter when Europeans started reconsidering travel to the US after President Donald Trump suggested annexing Greenland, launched a global trade war, and issued orders that focus on stricter border policy. A stronger US dollar has also deterred some trips. In March, travel from Western Europe fell 17 per cent year on year, according to the NTTO. Average round-trip economy airfares for over 50 routes from the US to Europe in the first quarter were down an average of 7 per cent year on year, with rates to fly between Atlanta, Georgia, and London, down 55 per cent, according to data from Cirium, an aviation analytics firm. As American consumers have been bargain-hunting and waiting closer to their departure dates to finalise travel plans, the decline in demand from Europe is another factor contributing to cheaper travel. 'Fewer seats filled by European travellers to the US, and a slower pace of growth in US outbound to Europe than last year, will tend to cast 2025 as a tougher year to make money on transatlantic routes,' said Mr Aran Ryan, director of industry studies at Tourism Economics, a subsidiary of Oxford Economics. Travel booking app Hopper said that this summer, the price of round-trip tickets from the US to Europe is down 10 per cent compared with a year ago. Average fares of US$817 (S$1,051) per ticket are in line with prices to Europe in the summer of 2019, before the Covid-19 pandemic. Major carriers, including Air France KLM and Germany-based Lufthansa, expect slowing activity. Lufthansa chief executive Carsten Spohr said the company expects weaker demand in the third quarter, while Air France KLM CEO Ben Smith said the company is seeing a 'slight pullback' in transatlantic traffic and will slash prices to keep cabins on its transatlantic flights full. Airlines including Lufthansa and US air carrier United Airlines say higher demand from US travellers flying to Europe is offsetting the decline of Europeans flying the opposite direction. United said international bookings from Europe fell 6 per cent in the first quarter, but added that US-originating demand made up for the pullback. Rival Delta Air Lines said 80 per cent of its long-haul international demand originates from the US, and fares in the region are 'significantly higher' than in the rest of the world. Lufthansa said it plans to market its transatlantic flights to more Americans given the higher demand, despite travel from Western Europe showing moments of recovery. Travel from the region to the US increased 12.1 per cent in April before falling again in May, according to data from the NTTO. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Irish Examiner
3 days ago
- Business
- Irish Examiner
Transatlantic airfares slump as Western Europeans skip US travel
Airfares from Europe to the United States have dropped to rates not seen since before the pandemic, as travellers from Western Europe lead a pullback in travel to the US that is expected to continue through at least July. Overseas arrivals to the United States fell 2.8% in May from a year ago, according to preliminary data from the US National Travel and Tourism Office within the US Department of Commerce. Travel from Western Europe fell 4.4% in May, although travel from Eastern Europe rose 4.6% in the same period. Forward bookings suggest sustained declines are on the horizon, with total inbound bookings to the US in July down 13% year-over-year, according to OAG Aviation, an analytics firm. Transatlantic airfare has been declining since the first quarter when Europeans started reconsidering travel to the US after President Donald Trump suggested annexing Greenland, launched a global trade war, and issued orders that focus on stricter border policy. A stronger dollar has also deterred some trips. In March, travel from Western Europe fell 17% year-over-year, according to the NTTO. Average round-trip economy airfares for over 50 routes from the US to Europe in the first quarter were down an average of 7% year-over-year, with rates to fly between Atlanta, Georgia, and London, down 55%, according to data from Cirium, an aviation analytics firm. As American consumers have been bargain-hunting and waiting closer to their departure dates to finalise travel plans, the decline in demand from Europe is another factor contributing to cheaper travel. "Fewer seats filled by European travelers to the US, and a slower pace of growth in US outbound to Europe than last year, will tend to cast 2025 as a tougher year to make money on transatlantic routes," said Aran Ryan, director of industry studies at Tourism Economics, a subsidiary of Oxford Economics. This summer, the price of round-trip tickets from the US to Europe is down 10% compared with a year ago, travel booking app Hopper said. Average fares of $817 per ticket are in line with prices to Europe in the summer of 2019 before the pandemic. Major carriers, including Air France KLM and Germany-based Lufthansa, expect slowing activity. Lufthansa CEO Carsten Spohr said the company expects weaker demand in the third quarter, while Air France KLM CEO Ben Smith said the company is seeing a "slight pullback" in transatlantic traffic and will slash prices to keep cabins on its transatlantic flights full. Airlines including Lufthansa and US air carrier United Airlines say higher demand from US travellers flying to Europe is offsetting the decline of Europeans flying the opposite direction. United said international bookings from Europe fell 6% in the first quarter, but added that U.S.-originating demand made up for the pullback. Rival Delta Air Lines said 80% of its long-haul international demand originates from the U.S., and fares in the region are "significantly higher" than in the rest of the world. Lufthansa said it plans to market its transatlantic flights to more Americans given the higher demand, despite travel from Western Europe showing moments of recovery. Travel from the region to the US increased 12.1% in April before falling again in May, according to data from the NTTO. As of mid-May, there are 4.3% more international flights scheduled to depart from US airports for international destinations this summer, said Hopper. "We feel really good about the transatlantic market," American Airlines CFO Devon May said at a Wolfe Research transportation and industrials conference in May. Reuters
